Thanks to technology, managing your finances on-the-go is possible with personal finance apps.
You can keep tabs on your finances with free budget software and money management programs on your phone.
So, sticking to your budget, managing your investments and even paying bills come handy with these mobile apps.
Here are some of the best personal finance apps you should consider having on your mobile devices.
Best Personal Finance Apps for Your Mobile Devices
1. Mint App
Mint is a free app from Intuit Inc., the brand behind QuickBooks and TurboTax.
It is a complete resource where you can budget, plan your expenses, monitor an investment, and bank activities, as well as pay online.
One of Mint App’s best features is it provides specific advice in improving your financial health. And it even comes with a free credit score analysis.
The Mint app is one of best personal finance apps available out there after growing 1.5 million users in 2 years. After its development in September 2007, Intuit Inc. bought the app for $170 million in 2009!
The finance app’s ability to earn the trust of its users for such a short period of time was its winning component.
2. You Need a Budget
Budget, connect your bank accounts, and track your financial goals in one place.
Although You Need a Budget requires a yearly fee of $50 dollars after a 34-day trial, you’ll feel more confident in handling your money, even on the go.
Design the life you dream of and see your financial health change for the better.
You Need a Budget also offers personal support 24/7 and provides financial reports to measure your progress. It is often placed head to head against the Mint App making it another top contender in this best personal finance apps list.
While Mint allows you to see a bigger picture of your financial health, You Need a Budget gets close and personal with your budget. It allows you to see wasted money and directs you into creating a better budgeting system.
Religiously tracking where your money goes is often a bottleneck in managing your finances. The Wally App is the best device for you.
Organize your personal expense, even expenses you incur at work with this mobile app.
Wally allows you to take images of your receipt instead of having to manually input it into your device.
The geo-location service allows you to identify the location of your device. The application does several steps automatically for you, saving you time in the process.
Wally works like a financial journal making it popular among other personal finance apps. It’s aesthetically appealing dashboard is another selling point that makes it a standout among other finance apps.
— David A. Bailey, Jr (@davidabaileyjr) May 18, 2017
Keeping on top of your finances any time of the day is possible with PocketGuard. The mobile application available for both iOS and Android is a free application that can track all your bank accounts.
It also suggests you how much you can spend in a day. It works via a read-only connection so you’ll be able to check how much you have in your bank accounts without compromising security.
PocketGuard sorts your purchases, bill payments, and other expenses connected to your bank accounts. This is how the software computes how much you can spend in a day without compromising your budget.
Your financial goals are simplified with PocketGuard.
The finance app gives you insightful suggestions on how much you can spend in a day to achieve your financial goals. It often compared with Mint App and Level Money when it comes to secure and reliable money management software.
Save painlessly and reap rewards even after every purchase with Acorns.
For a cheap $1 a month, this auto-investing software can help you save and make money through stocks and investments.
Every payment made from the credit cards connected to Acorns rounds off to the next highest dollar.
The amount is automatically invested in exchange-traded funds or a pre-investment fund of your choice.
By the end of the year, you’ll be surprised to find extra hundreds or thousands of dollars added to your investment portfolio. This is the best selling point of the app securing it a spot on this list.
Keeping your expenses in check helps you monitor them better and cut down on certain areas. To do so, you will need a personal finance app like Spendbook.
This application functions with simplicity. You simply log a source of income or a payment transaction. Receipts and images of your purchase can also be added to better categorize these expenses.
You can view your daily, monthly or even all the summary of your expenses or financial transactions, all subcategorized for your use. You can also download charts and infographics that can inspire you to improve even more when it comes to your personal expenses.
Spendbook offers less risks than other finance software. It triggers you to log in every time you use the app, eliminating risk, especially on unsecured connections. Visual learners prefer this application over its contemporaries.
What should you look for in a personal finance app? https://t.co/rP4NPpCNTH
— Brad J Bechtel (@bechtel_brad) June 4, 2017
7. Level Money
Get a glimpse of your financial health and capacities in a month in an easy to navigate infographic with Level Money. This free application, available for both iOS and Android, allows you to sync all your bank and credit accounts into the app.
Level Money estimates your income and bill expenses afterward and even asks for a percentage of the savings you can commit for a specified period.
Plus, you’ll get an infographic on how much you can spend in a day, the week or in a month.
The app is free, secure and constantly performs updates making it a preferred finance mobile software for Android.
— Avesta HomeOwnership (@AvestaHOC) April 7, 2017
8. Home Budget with Sync
Managing the budget for the whole household? You can do this with Home Budget with Sync, an iOS, and Android-based software application.
Available for a one-time $4.99, you’ll be able to budget and manage your expenses between multiple devices. You’ll be able to monitor the whole budget of your household in one place that can also be shared with other users in sync.
So, you’ll be able to monitor and coordinate expenses and monthly payments with family members and even friends via this money management program. A popular choice for families and individuals who enjoy and require collaboration when it comes to managing finances.
Another free budget and personal finance app for saving and taking control over your finances is EveryDollar.
The financial planning application is based on Dave Ramsey’s principles when it comes to money and handling your finances.
Simply input your income and select several recommended and customizable expense categories to build your budget. Input your daily expenses and they get automatically synced with your device and the web interface.
It also comes with a paid subscription version that allows users to link your device with your bank and credit card accounts. This version syncs your daily expenses as well as monthly recurring payments without the hassles.
Learn how personal finance apps can help your financial life via this video from CNBC:
If the conventional ways of saving and investing methods don’t work for you, trying out these money management programs is advisable.
These personal finance apps can monitor your expenses as well as help you manage your overall financial functions securely, all in one place. Getting access and control over your access can be done anywhere in real time with these mobile and web based applications.
What’s the best personal finance software you’ve used so far? Share your stories in our comments section!
Are you having second thoughts on transitioning from your notebook and pen to mobile finance apps? Read this article on Managing Your Finances with Budgeting Apps and discover their benefits!